398 N Holliston Avenue, Pasadena, California 91106, Pasadena, 91106 - 3 bed, 2 bath
398 N Holliston Avenue
Pasadena, California 91106
Property Price
SUMMARY
Analysis of 398 N Holliston Avenue, Pasadena, California 91106 is currently available with a list price of $998,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Pasadena Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1922, the property exhibits significant aging and deferred maintenance. The listing description emphasizes 'transformative redevelopment' and 'modernization,' while the provided images show weathered exteriors, a dirt-heavy lot, and outdated structures. The inclusion of architectural renderings for a completely different, high-density building suggests the current improvements are nearing the end of their functional life and require substantial rehabilitation or replacement to reach the property's highest and best use.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in a highly walkable neighborhood near Old Town Pasadena, Caltech, and the Metro Gold Line, ensuring high desirability and consistent tenant demand.
- Significant Development Potential
The expansive 12,637 sqft lot offers rare opportunities for density maximization, including the addition of ADUs or a full multifamily conversion.
- Immediate Income Generation
The existing duplex configuration provides immediate cash flow, making it an ideal asset for investors looking for a value-add opportunity.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =12637, other record lot size in square feet = 11655.
- Aging Infrastructure
Built in 1922, the property likely requires substantial updates to its core systems and finishes to meet modern standards and maximize market value.
- Limited Existing Square Footage
With only 1,150 sqft shared between two units, the current living spaces are relatively small, which may cap rental income until the property is expanded.
About 398 N Holliston Avenue
Positioned in one of Southern California’s most desirable neighborhoods, a walkable neighborhood minutes from Old Town Pasadena's thriving retail/dining corridor, Caltech, the Rose Bowl, and Metro Gold Line access. This duplex at 398-400 N Holliston Ave presents a high-potential opportunity for investors and developers seeking to capitalize on Pasadena’s robust rental market and enduring demand. Explore options to modernize units, add square footage, or maximize density (e.g., ADUs, multifamily conversion). This property is primed for immediate cash flow or transformative redevelopment. The property currently has two separate units and a three-car garage offering immediate cash flow. Don't miss out on this extraordinary opportunity. Schedule a feasibility review to assess renovation/ redevelopment potential.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1922
- Lot Size
- 12,637 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,150 | 2,442 | 20% |
| Lot Size | 12,637 | 8,478 | 80% |
| Price | $998.0K | $1.35M | 20% |
| Price per sq ft | $868 | $860 | 80% |
| Built year | 1922 | 1922 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 129 | 20% |
Pricing History
Listed for Sale
Feb 13, 2026
$998,000
Initial Listing
Sold
Aug 1, 2013
$442,000
Public Record
Sold
Jan 23, 2009
$429,000
Public Record
Sold
Jan 13, 2006
$675,000
Public Record